Ford CEO says he can’t live without $30k EV dubbed ‘Temu Tesla’ that he got from China

  • Ford CEO Jim Farley was impressed by cut-price EV 
  • The Xiaomi SU7 – dubbed the ‘Temu Tesla’ – costs just $30,000
  • Farley admitted that he ‘didn’t want to give up’ the vehicle 

Published on Apr 02, 2025 at 4:04 AM (UTC+4)
by Claire Reid

Last updated on Apr 02, 2025 at 4:04 AM (UTC+4)
Edited by Kate Bain

Ford CEO Jim Farley praised a super-cheap EV – that’s been dubbed the ‘Temu Tesla’ – and says he ‘doesn’t want to give it up’.

Farley said he ordered the Xiaomi SU7 from China last year as the cars aren’t available to buy in the US. 

Xiaomi unveiled the SU7 in late 2023 and it went into production the following March. 

The car costs from as little as $30,000 – and it seems it has earned itself a very unlikely fan in Farley.

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Ford CEO Jim Farley drove the car for months

Like many car manufacturers in recent years, Ford has branched out into the world of EV and hybrids, with several vehicles, including its all-electric F-150 Lightning

Ford also recently published plans that could be a bit of a game-changer when it comes to the world of electric vehicles. 

So, it should come as no surprise that the marque’s CEO Jim Farley likes to keep his eye on the competition when it comes to EVs. 

And it seems that  Xiaomi has managed to make him particularly impressed with its SU7. 

Speaking on the Everything Electric Show podcast, he said he had purchased the vehicle from China and had it shipped to him in the US. 

“I don’t like talking about the competition so much, but I drive the Xiaomi,” he said on the podcast back in October. 

“We flew one from Shanghai to Chicago, and I’ve been driving it for six months now and I don’t want to give it up.”

Farley said it’s important he checks out the competition

While it may seem strange for the CEO of a major automotive company to admit to driving around in a rival vehicle, Farley said it was all to do with checking out the competition.

In a post on X a couple of days after the podcast was released, the Ford CEO explained why it was important for him to check out other vehicles. “I try to drive everything we compete against,” he wrote.

“Have done it my whole career. Specs can tell part of a story, but you’ve got to get behind the wheel to truly understand and beat the competition.”

Which is fair enough, right?

The Xiaomi SU7 has been dubbed the ‘Temu Tesla’ by some online commenters, but it’s been a huge success for Xiaomi.

According to reports at the time of its release, Xiaomi received more than 100,000 orders for the EV before the first delivery was even made.

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Claire Reid is a journalist who hails from the UK but is now living in New Zealand. She began her career after graduating with a degree in Journalism from Liverpool John Moore’s University and has more than a decade of experience, writing for both local newspapers and national news sites. Claire covers a wide variety of topics, with a special focus on cars, technology, planes, cryptocurrency, and luxury.